MAGNOLIA BAR FOUNDATION INC
JACKSON,
Mississippi,
39207
EIN: 64-0808159
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
PO BOX 2792
39207
COUNTY
hinds county, MS
IN CARE OF NAME
THANDI WADE
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA BAR FOUNDATION INC is a based in JACKSON, MS, focused on Educational Institutions and Related Activities causes . Established in September 1992, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $150,368.00, this ranks 444,267 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 2,746 out of 21,650 organizations in MS (Top 13%).
In hinds county, MS, the organization ranks 476 out of 4,718 nonprofits by assets (Top 10%), while locally in jackson, it stands at 432 among 4,117 organizations (Top 11%).
The organization reported annual revenue of $13,985.00, ranking 578,265 nationally (Top 22%) and 3,928 in MS (Top 19%).
Within its specific NTEE classification (B82Z - B: Educational Institutions and Related Activities), which includes 2,409 similar organizations, MAGNOLIA BAR FOUNDATION INC ranks 1,230 in assets (Top 51%) and 736 in revenue (Top 31%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Community service organization
Discussion groups forums panels lectures etc
Scholarships other
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$36,011.00
FORM 990 REVENUE AMOUNT
$13,985.00
RULING DATE
09/1992
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$150,368.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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